Dollar slips in Erbil as Baghdad exchanges halt
The US dollar moved slightly lower in Erbil on Monday as currency trading began, while Baghdad's main currency exchanges remained closed for the Arbaeen...
Iraq Water Flow “Doubles” after Agreement with Turkey
Water flows from Turkey into Iraq have increased significantly following the implementation of a nearly two-year water cooperation agreement between Baghdad and Ankara, according...
Al-Zamili: The electricity file is thorny and requires deterrent measures against...
Iraqi MP Jaafar Al-Zamili said on Sunday that the country's electricity sector remains one of the most difficult and complicated challenges facing the government,...
Brent crude settles near $89.5 a barrel
Global oil prices remained stable on Sunday as international markets paused for the weekend, following a strong finish to last week's trading session.
Both major...
Iraq faces ‘cash-flow’ strain, not bankruptcy
Iraq’s current financial challenges are the result of cash-flow pressures caused by exceptional regional circumstances, not a shortage of resources or a risk of...
Concerns about passing the borrowing law… Hamdoun: It will raise the...
Former Iraqi Member of Parliament Mahasin Hamdoun has warned against approving the proposed 2026 External Borrowing and Grants Law as a solution for funding...
US Dollar Shipments to Iraq “are a Molehill, not a Mountain”
Recent reports about the temporary suspension of US dollar cash shipments to Iraq have attracted significant attention, especially during the escalation of tensions involving...
Al-Abadi: The Ceyhan agreement will enhance the flexibility of Iraqi oil...
Iraqi Oil Minister Bassem Mohammed Khudair Al-Abadi said on Saturday that his visit to Turkey is focused on strengthening cooperation between the two countries...
Dollar climbs in Baghdad and Erbil
The US dollar opened trading higher in Iraq on Saturday, reaching levels close to 151,000 Iraqi dinars per $100 in both Baghdad and Erbil.
According...
The Prime Minister’s advisor reveals the truth about the public debt...
Iraq’s public debt remains at manageable levels and does not currently pose a major threat to the country's economy, according to Prime Minister's financial...
MP reveals “blatant violations” in final accounts
Iraqi MP Amer Abdul-Jabbar said on Saturday that serious violations have been found in the final government accounts approved by Parliament for previous years,...
How long can Iraq rely on Central Bank Reserves, Money-Printing?
These are some of the most important questions facing Iraq's economy today. Here's a simple breakdown of each issue:
1. How can Iraq sustain expenses...
Iraqi News
Illegal Currency Network Dismantled as Dinar Weakens
Iraqi authorities have dismantled an illegal currency exchange and money transfer network in Baghdad, arresting five suspects and seizing $240,000 in cash.
According to the...
Oil Sector Talks for Iraqi PM in New York
Iraqi Prime Minister Ali Al-Zaidi held separate meetings in New York with representatives from U.S. oil companies HKN Energy and ExxonMobil to discuss investment...
The dollar is below 157,000 dinars in Baghdad and Erbil.
The US dollar continued to fall in Iraq's currency markets on Thursday, extending the downward trend that has been seen since the start of...
Al-Marsoumi: 23,000 employees in the Ministry of Electricity without certificates
Economic expert Nabil Al-Marsoumi has shared new figures highlighting the educational levels of some government employees in Iraq, based on data from the latest...
Foreigners’ wages exceed those of Iraqis: Parliamentary committee reveals salary gap in oil projects
Iraq's Parliamentary Committee on Oil, Gas, and Natural Resources has raised concerns about the large gap between the salaries of Iraqi workers and foreign...